Druant, Martine; Fabiani, Silvia; Kézdi, Gábor; Lamo, Ana - European Central Bank - 2009
with a lower
share of labour costs on total costs (consistently, prices are found to be stickier in business
services … wages, the
cross-sectoral variation is lower. Wage changes are least frequent in trade and business services,
more … manufacturers and
business services firms tend to remain unchanged on average for just less than one year, whereas
those set in …